This morning’s 2024 Final Results from Foxtons Group (LON:FOXT) were impressive.
The group is the largest lettings agent in London as well as being the largest lettings brand in the UK.
It also recorded the highest number of sales agreed in London in 2024.
The 2024 Results
The company reported that revenues in the year to end-December 2024 were up 11% at £163.9m (£147.1m) while pre-tax profits were a thumping 121% better at £17.5m (£7.9m), helping to lift earnings 47% to 5.0p (3.4p) and to increase its dividend by 30% to 1.17p (0.9p) per share.
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